Friday, October 30, 2015

Manufacturing Sector.....ANOTHER PESKY FACT!

Manufacturing Sector

Manufacturing surveys and recent earnings reports suggest that the manufacturing sector might be following the energy sector into contraction.

The large gap between the manufacturing and non-manufacturing sectors that opened at the beginning of this year has widened in recent months.

With 14,600 manufacturing jobs lost in August, this was the worst month for the US manufacturing sector since January 2010.

The US hasn't created a single manufacturing job for the entire year. In fact, it has lost some 6,600 jobs.

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